Comments by "Piccalilli Pit" (@piccalillipit9211) on "" video.

IM READING KARL MARKS Das Kapital at the moment - its amazing that Marx could point out the problems of making money from capital as opposed to adding value 150 years ago... He predicted the late capitalist housing crisis, the venture capital crisis, the banking crisis, the everything made in China and worthless crisis, the industrialised food production crisis. His critique of capitalism is the best there is, but on the other hand, it takes a LOT of propaganda and BS to cover up the problems cos they are really obvious once you see them...
11
@charlessandoval3382 - YEP - I would totally agree with that. The problem is when you are critiquing an existing system that is kinda easy - its there for you to study. When you are rethinking of an alternative - well there is nothing there - its literally an empty piece of paper. And he got it wrong. I mean I am that far left I am basically a communist but that does not mean I want to replicate Stalin's USSR. If you gave Marx another go he might have got it spot on, he might have failed even worse. You know its like comparing capitalism in Sweeden with capitalism in the USA. You can do the same kinda thing in very different ways. And 100% it is power that is corruption. I live in Bulgaria and Ive talked to hundreds of people about communism and they pretty much loved what they had. Next door in Romania OMG, it was full on North Korea hellscape of famine and abuse. My friends there used to get a treat as kids at Christmas - a pigs ear to chew on. Thats not a joke.
4
Profit is split between the investors on the basis of how much they invested - NOT on how much value they added. So the inventor of the improved widget who had £20k and got £80k from a venture capitalist to start his factory for £100k - he gets 20% of the profits and the VC get 80% He did ALL THE INVENTING and he did ALL THE WORK and he ADDS ALL THE VALUE - but the people who did nothing but had the capital get nearly all the profits.
3
@baronvonlimbourgh1716 - YES. I only read it cos I kinda thought I should. My attitude was its the bible of the left-wing nutters and everyone hates him for everything but if its been around for 150 years and people are still talking about it - there must be something about it that's at least worth reading. so I bought the summary by David Harvey. By page 9 I was messaging my friends going "OMG - CAPITALISM IS A TOTAL JOKE - IT CAN NEVER SURVIVE - IT WILL ALWAYS TURN INTO AMERICA NO MATTER HOW HARD YOU TRY - ITS DOOMED" Even the central tenet of capitalism that competition makes things cheaper that we are all taught is amazing - IS NOT A BENEFIT. Everything gets cheaper, capitalists still want the same profit on their investment, ergo you need to make more and sell more, ergo everything is worthless, lasts 2 months, needs replacing and the planet is screwed. Its not difficult to understand. It must take a lot of propaganda to cover up stuff like this. To stop people thinking past cheap = good.
1
@baronvonlimbourgh1716 - Ive not yet read that bit - so Im not qualified to comment. I will get around to it though.
1
CASCADING SYSTEMS FAILURE Everything is broken - and everything you need to fix it is also broken... Its what ends every civilisation in history. The ingredients change but the systems collapse is what finishes them off.
1